How much space needs to be between the wall and the pegboards?

The metal pegboard panel already has a built in wall standoff at each edge via being bent metal. This thickness is about 3/4" (0.75 in). I mounted mine directly to the wall without any additional spacing and it works very well.

what size hooks should I buy that fit the holes well and not drop off everytime I get a tool? Thank you.

I used several types in mine. Used the ones made by this brand and used regular hooks with the addition of pegitz grommets comes in red or black made for peg board. They work great to hold standard peg hooks. The 1/4 inch pegs(conventional 1/4 inch pegboard pegs )

Are these 'specialty' hooks or will this use all pegboard standard hooks?

As far as i know it'll use any peg board hook. Any size

Is there a way trim the size that anyone tried? Will put this under a shelf that is flush. Problem are the brackets on the shelf I need to get aroun

I would not recommend trimming the perimeter corners since that is where the mounting holes are located. if you are looking to trim some notches so the panel could fit around some brackets then i think that would be possible.

Pegboard Rack Garage Storage Galvanized Steel Horizontal Peg Board Pack - Two 32-Inch x 16-Inch Shiny Metallic Metal WallBoard Tool Organization Panels

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